There are many people who do business in the world but there are few people who change the world with their business. Elon Musk is one of those few people. He made all the companies he founded revolutionary in those fields. Recently he is coming with another new advanced technology called "Neuralink". His life lessons are useful for entrepreneurs as well as people in other professions. So, here there some important lessons from Elon Musk life.
fig.Elon Musk1.Always be a learner
Now we have easy access to the internet, but Elon Musk used to learn mostly from books when he was a child. Ofcourse now we are also learning from books but somewhat internet is dominating well. Most of his childhood used to reading books. This is a perfect example about how much he interested about books, that he reading the entire Encyclopedia Britannica in his 9 years. Not only through books he also learn from smart people around him.
He taught himself coding and designed a game called Blaster on his computer and sold it for $500. He was only 12 years old then. With the same coding knowledge he had, Paypal created. Later with an interest in space, he learned about rockets. He never stopped learning from his childhood till now. So, he is a and perpetual student and also a self learner.
Now we often use online transaction apps but Elon Musk created Paypal in 1990's and made digital transactions. He take over the tesla company and established solar city company also. Because there are two reasons one is environmental concern and another is non renewable energy sources are not available in future. This shows how futuristic he is.
Apart from establishing his own space company, he also manufactured affordable rockets and reusable rockets.Now his aim is to take humans to mars and establish colonies there. By this we understand his imagination.
It takes guts to think like this and persistence to implement it. Because they said that the solar city company will not bring profits, they said that they cannot make electric cars efficiently, and when they heard the space idea, they mocked it as a dream. These are not possible by an ordinary man, but Elon Musk is an extraordinary person. He not only had big dreams but also made them come true with his perseverance.
3.Taking risks
We take risks sometimes in life but Elon Musk lives with risks. He dropped out of college to implement the idea he got. Later he invested half of the money received from Paypal in Tesla company and the other half in Spacex company. At one time, all the Tesla cars would have failed. The first three rockets in space failed. If the fourth rocket also failed, Elon Musk would have almost returned to zero. Just imagine how much risk it would be after paypal huge success. We often hear that 'the greatest risk is to take no risk at all. So take calculate risks.
4.Hardwork
The bigger we dream, the more we have to work hard. Elon Musk works 40 hours a week. At one time all the odds can be against us, perseverance is very important at such a time. We should always have curiosity towards our work then we will strive continuously. He always says the same thing, if everyone works for 8 hours a day, you work for 13 hours. Then you will do in 4 days what others do in 7 days.
5.Handling criticism
Criticism is everywhere. All we need to do is respond to it properly. Not all critics are the same, they also have different categories of people. The categories are
a) Haters:
Those people keep criticizing us whenever we do good or bad. So, there is no need to worry.
b) Innocent Critics:
They love us but sometimes give useless advice. For example, if we take our parents, out of love for us, they advise us not to do this, not to do that, building a safe career like this. If we listen to these advices, we will not be able to grow in life. Remember one thing that their advice may be bad but not the intention. So, think before you follow these advises.
c) Constructive critics:
They are also the people who love us but give accurate feedback about us. It may make feel us harsh in the beginning but later it will change our life for the better. People will always throw stones of criticism at you but it is in your hands whether you will build a beautiful fort with those stones or build a tomb.
6.Reinvented himself
Elon Musk, it likely refers to the various ventures and industries he has been involved in throughout his career.
Musk began his career in the tech industry as a co-founder of PayPal, an online payment system that was eventually acquired by eBay. After the sale of PayPal, Musk turned his attention to other ventures such as SpaceX, a private space exploration company that aims to reduce the cost of space travel and make it possible for humans to live on other planets. He also founded Tesla, Inc., an electric vehicle and clean energy company that is working to accelerate the world's transition to sustainable energy.
In addition to SpaceX and Tesla, Musk has also been involved in other ventures such as Neuralink, a neurotechnology company that is developing implantable brain-machine interfaces, and The Boring Company, which aims to reduce traffic congestion by building underground transportation systems.
Musk has also proposed new technology like the Hyperloop, a high-speed transportation system that would use vacuum-sealed tubes to carry passengers and cargo at speeds of up to 700 miles per hour. Most of us like to stay in our comfort zone and are afraid to try something new but Elon Musk is not like that. He is constantly updating himself by thinking innovatively.
In conclusion, it can be said that Musk has transformed himself from a business person to a technology entrepreneur and inventor. He has taken on a number of challenging and ambitious projects and has been able to achieve significant success in various industries, which is what led to the statement "Elon musk reinvented himself".
7.Money isn't a primary
Elon Musk once said "I'm not care about money, I'm care about solving problems''. Take a look at his life journey, if money was important to him he would have relaxed after paypal but he didn't. Money is a tool which helps to achieve a destination. Money is the important thing but not primary.
Elon Musk is driven more by a desire to achieve ambitious goals and make a positive impact on the world, rather than by a desire to accumulate wealth. This is a common perception of Musk, who is known for his ambitious projects, such as SpaceX and Tesla, that aim to reduce the cost of space travel and accelerate the world's transition to sustainable energy, respectively.
It's true that Musk's companies have been successful, and he has become one of the wealthiest people in the world, but it is known that he has often reinvested profits back into his companies and projects, rather than using them for personal gain. For example, SpaceX is a privately funded company and its main goal is to colonize Mars and make life multi-planetary, which is a goal that Musk believes will benefit humanity as a whole. Similarly, Tesla's mission is to accelerate the world's transition to sustainable energy, which aligns with Musk's goal of reducing the world's dependence on fossil fuels and fighting climate change.
Additionally, Musk has also been known to be a philanthropist, he donated a significant amount to various causes, such as funding research on artificial intelligence and renewable energy, as well as disaster relief efforts.
In conclusion, while it is true that Musk has been successful in building companies that generate significant revenue, it is believed that his primary focus is not on accumulating wealth, but rather on achieving ambitious goals and making a positive impact on the world.
8. Don't see failure as a barrier
The way elon musk think about failure is ''if we fail, we have a scope to learn something new in it''. Failures are the best teachers in the world. So don't think failures are the barriers, think they are best lessons for us. And Elon Musk expert in Anger Management.
I think it is possible for ordinary people to choose to be extraordinary." - Elon Musk
9. Do what you love
It is the most important factor do what you love.If you not love your work you easily give up and it is a mental pressure also. Do only what you love and think how to grow in that.
He is a real life Iron Man. Some people called him as a allian because he made impossible to possible. So, we must consider ourselves to be extremely fortunate that we are getting to witness of elon musk.
fig.Elon Musk
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